Common use of The Notes Generally Clause in Contracts

The Notes Generally. (a) The aggregate Principal Balance of the Notes that may be authenticated and delivered under this Indenture is limited to $228,000,000, except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06 and 2.08 below. Such aggregate Principal Balance shall be allocated to two Classes having the Class designation, Initial Principal Balance, Note Rate and Stated Maturity as follows: Class A-1 $ 109,000,000 4.7301 % September 25, 2015 Class A-2 $ 119,000,000 5.8199 % M▇▇▇▇ ▇▇, ▇▇▇▇ (▇) Each Note of any Class shall rank pari passu with each other Note of such Class and be equally and ratably secured by the Collateral. All Notes of any Class shall be identical except as to denominations and as expressly permitted in this Indenture. (c) This Indenture and the Mortgages shall evidence a continuing lien on and security interest in the Collateral Granted hereunder and thereunder to secure the full payment of the principal, interest and other amounts on all the Notes and all amounts owed to the Insurer, which shall in all respects be equally and ratably secured hereby for payment as provided herein, and without preference, priority or distinction on account of the actual time or times of the authentication and delivery of the Notes.

The Notes Generally. (a) The aggregate Aggregate Note Principal Balance of the Notes that may be authenticated and delivered under this Indenture is limited to $228,000,000275,000,000, except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06 2.05 and 2.08 2.07 below. Such aggregate Aggregate Note Principal Balance shall be allocated to divided among two Classes having the respective Class designationdesignations, Initial initial Class Principal BalanceBalances, Note Rate Rates and Stated Maturity Scheduled Final Payment Dates as follows: Class A-1 $ 109,000,000 4.7301 58,000,000 4.2584 % September 25February 27, 2015 2012 Class A-2 $ 119,000,000 5.8199 217,000,000 4.7708 % M▇▇▇▇ ▇▇February 27, ▇▇▇▇2012 (▇b) Each Note of any a particular Class shall rank pari passu with each other Note of such Class and be equally and ratably secured by the Collateral. All Notes of any a particular Class shall be substantially identical except as to denominations and as expressly permitted in this Indenture. (c) This Indenture and the Mortgages shall evidence a continuing lien on and security interest in the Collateral Granted hereunder and thereunder to secure the full payment of the principal, interest and other amounts on all the Notes and all amounts owed to the Insurer, which shall in all respects be equally and ratably secured hereby for payment as provided herein, and without preference, priority or distinction on account of the actual time or times of the authentication and delivery of the NotesNotes of any Class.